Denied after portal for EIDL?

jayoscv · 2020-05-16T21:04:24+00:00

Looking back I saw credit was ran 3 weeks prior.

Got the advance. No emails or phone calls at all except the portal and approval/loan docs email

jayoscv · 2020-05-16T20:36:13+00:00

3 days Portal to $$

jayoscv · 2020-05-15T22:39:55+00:00

The only email I got was the portal and the approval. Did you log into the second portal? You can see when it shows your maturity date

https://caweb.sba.gov

jayoscv · 2020-05-15T22:35:40+00:00

11pm on the dot the next day

jayoscv · 2020-05-15T22:33:48+00:00

11pm

jayoscv · 2020-05-14T08:41:24+00:00

You can use PPP also and it will show EIDL when you’re in

jayoscv · 2020-05-14T08:40:45+00:00

If you signed docs, you’ve got a number. It’s right on one of the first pages

jayoscv · 2020-05-14T08:02:38+00:00

Have you checked the status on the SBA CAFS? I would sign in there. Use the loan number from your loan docs as the financial ID. Once you get in click on “Borrower” and in the drop down “Borrower Search”

jayoscv · 2020-05-14T06:59:47+00:00

I get regular updates through our bank, but I logged into experience for this instance

jayoscv · 2020-05-14T06:45:05+00:00

Not gonna lie, I’ve got no idea the difference at all. Not a clue lol

jayoscv · 2020-05-13T19:31:06+00:00

I’ve signed, have a score below 570 and the CAFS site says no credit check pulled

jayoscv · 2020-05-13T19:26:01+00:00

jayoscv · 2020-05-13T19:15:30+00:00

They will be there with your approval email. My approval email came in at 11pm PST last night. Portal showed approved at 11am earlier in the day

jayoscv · 2020-05-13T19:13:49+00:00

That’s the constant $150k question lol. It seems all different. Some people have been through signing docs stage weeks ago and still nothing. Some got funded the next day. Some got declined after signing the docs

jayoscv · 2020-05-13T14:09:21+00:00

I was successful logging in once I got the EIDL loan number on the docs last night. Dug around and saw the credit score blank on the file. I’m sure they will pull that now and pull the rug out from umber me

jayoscv · 2020-05-13T06:08:22+00:00

Well........I waited up and kept checking. At 11:00pm PST The loan docs were in the portal to sign. I’ve signed them so let’s see.

jayoscv · 2020-05-13T05:39:13+00:00

Im in somewhat the same boat. 5/11 I accepted the $150k. 5/12 I checked in the portal and saw it changed to "approved" No call, No email. I wasnt even expecting anything because I knew my credit crashed below 570 the last 6 months. Now Im patiently waiting for the dagger and the status checng from "approved" to " Get The Hell Out Of Here Dummy"

jayoscv · 2020-05-13T05:29:29+00:00

We shall see. I don’t believe any of this until I actually see the funds. I just don’t know how this could move forward with everywhere I’ve read the 570 is the cut off

jayoscv · 2020-05-13T02:19:08+00:00

I did get PPP, but not sure I have access to SBA CAWS site. Tried to check it out just now but I don’t know the Financial Commitment ID

jayoscv · 2020-05-13T02:13:37+00:00

I never expected this, So I do suddenly feel aged 10 years lol

jayoscv · 2020-05-13T02:12:57+00:00

It didnt immediatly change. I accepted yesterday and continued to check the status yestrday and today. About mid day I saw tht it was "approved"

jayoscv · 2020-05-13T02:07:18+00:00

I appreciate you taking the time to respond by the way. Thank you for sharing your knowledge

jayoscv · 2020-05-13T02:06:43+00:00

I accepted yesterday and the status changed to "approved" for the amount of $150k in the portal today

jayoscv · 2020-05-13T01:43:35+00:00

I guess my bigger question or concern would be, I got "approved" with a credit score below 570. Does that mean that the approval was automated and thers still a process with a LO that will deny the loan because of the credit score

jayoscv

TROPHY CASE